£5bn Janus Capital deal ‘will spur mergers’ across fund management industry

£5bn Janus Capital deal ‘will spur mergers’ across fund management industry
 

Shares in the FTSE 250 firm soared 38¾p to 270¾p after it announced a transatlantic tie-up which will give its investors 57 per cent ownership of the combined £4.7billion Janus Henderson Global Investors. 
Although its shares will cease trading on the London Stock Exchange – its main listing will be in New York – it will have its headquarters in the capital. 
The deal is set to close in the second quarter of 2017, subject to shareholder and regulatory backing. 
Henderson chief executive Andrew Formica, pictured, said: “London still acts as the heart of the global financial system and as a... read more

 
4 October 2016 in Business, Views: 40
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